v3.25.2
Consolidated Balance Sheet (Unaudited) - USD ($)
Jun. 30, 2025
Dec. 31, 2024
Current Assets    
Cash $ 129,372 $ 110,343
Restricted cash 56,398
Accounts receivable 3,637,675 2,917,093
Inventories 2,114,503 2,906,383
Other receivable 277,984 245,232
Advance to suppliers 494,520 736,094
Total Current Assets 6,654,054 6,971,543
Property, plant and equipment, net 16,815,744 17,184,192
Intangible assets, net 2,954,995 2,934,213
Value added tax receivable 2,872,675 2,704,109
Total Non-current Assets 22,643,414 22,822,514
Total Assets 29,297,468 29,794,057
Current Liabilities    
Short-term bank loans 6,002,150 5,988,024
Account payable 1,494,224 4,604,011
Accrued expenses and other current liabilities 4,800,392 3,092,953
Deferred income, current 113,704 121,897
Total Current liabilities 12,410,470 13,684,988
Bank loans    
Deferred income 1,051,664 1,073,487
Long-term payable 1,031,438 1,095,690
Total Non-current liabilities 2,083,102 2,169,177
Total Liabilities 14,493,572 15,854,164
Shareholders' Equity    
Common stock 25,900 25,900
Additional paid in capital 11,152,388 11,152,388
Accumulated comprehensive income (loss) (289,746) (711,270)
Accumulated deficit 136,290 (168,600)
Total Company stockholders' Equity 11,024,832 10,298,418
Noncontrolling interest 3,779,064 3,519,577
Total Equity 14,803,896 13,817,995
Total Liabilities and Stockholders' Equity $ 29,297,468 $ 29,794,057